Good news, everyone! Winamp, one of the internet's favorite music players, will live to see another day. According to TechCrunch, the program has been bought by digital audio company Radionomy.

Both Winamp and the Shoutcast service will continue to function in much the same way they do today. While Winamp may not be our pick for best music player application anymore, we're still glad to see it's not going to die.